Property profile

31216 Warren Rd Westland, MI 48185

OFF-MARKET
Lifestyle centers
28,000 SF
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Property summary

AI-generated overview

This exceptional retail opportunity presents the entire 28,000 square foot Merriman-Warren Shopping Center, located at 31216-31246 Warren Road in Westland, Michigan, 48185, within Wayne County. Currently, the entire center is available for lease, offering a unique chance to establish a significant presence in a thriving Westland community. The property is classified as a multi-tenant shopping center, providing flexibility for various retail concepts. Individual spaces can be leased starting at 900 square feet, allowing for customization to suit specific business needs. However, the entire 28,000 square feet is also available for lease to a single tenant seeking a large, contiguous space. This presents a rare opportunity for a business looking to establish a flagship location or consolidate operations. The property's strategic location on Warren Road offers high visibility and accessibility, ensuring significant foot traffic and convenient access for customers. This is an ideal location for businesses seeking a prominent presence in a busy commercial area of Westland, Michigan. The property is ready for immediate occupancy. Interested parties should inquire for lease terms and conditions.

Property profile

Verified
Property type Lifestyle centers
Total area 28,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

31216 Warren Rd Westland, MI 48185
Westland metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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